37th Annual Federal Reserve Bank of St. Louis Fall Conference
October 11-12, 2012
All conference events will take place at the Federal Reserve Bank of St. Louis Gateway Conference Center, Sixth Floor
Thursday, October 11, 2012
|12:00-12:30 P.M.||Light lunch|
|12:30-12:45 P.M.||Introductory remarks by Christopher Waller|
"Some Unpleasant Properties of Log-Linearized Solutions when the Nominal Interest Rate is Zero"
Presenter: Tony Braun, FRB Atlanta
Coauthors: Yuichiro Waki, University of Queensland and Lena Koerber, London School of Economics
"The Trend is the Cycle: Job Polarization and Jobless Recoveries"
Presenter: Nir Jaimovich, Duke University
Coauthor: Henry Siu, University of British Columbia
|2:45-3:00 P.M||Coffee Break|
"Liquidity, Assets and Business Cycles"
Presenter: Shouyong Shi, University of Toronto
"Spatial Equilibrium with Unemployment and Wage Bargaining: Theory and Evidence"
Presenter: Paul Beaudry, University of British Columbia
Coauthors: David Green, University of British Columbia and Benjamin Sand, York University
|5:00-5:15 P.M.||Coffee Break|
"On the Social Usefulness of Fractional Reserve Banking"
Presenter: Chris Phelan, University of Minnesota and FRB Minneapolis
Coauthor: V.V. Chari, University of Minnesota and FRB Minneapolis
|7:00 P.M.||Dinner with speech by James Bullard|
Friday, October 12, 2012
|8:30-9:00 A.M.||Continental Breakfast|
"Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises"
Presenter: Mark Aguiar Princeton University
Coauthors: Manuel Amador, Stanford, Gita Gopinath, Harvard, and Emmanuel Farhi, Harvard
"The Market for OTC Credit Derivative"
Presenter: Pierre-Olivier Weill, UCLA
Coauthors: Andy Atkeson, UCLA and Andrea Eisfeldt, UCLA
|11:00-11:15 A.M||Coffee Break|
"Overborrowing, Financial Crises and 'Macro-prudential' Policy"
Presenter: Enrique Mendoza, University of Maryland
Coauthor: Javier Bianchi, University of Wisconsin
"Qualitative Easing: How it Works and Why it Matters"
Presenter: Roger Farmer, UCLA
|2:30-2:45 P.M.||Coffee Break|
"Costly Labor Adjustment: Effects of China's Employment Regulations"
Presenter: Russ Cooper, European University Institute
Coauthors: Guan Gong, Shanghai University and Ping Yan, Peking University